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News

Telephone And Data Expects 2024 UScellular Service Revenues of $2.95B-$3.05B, TDS Telecom Operating Revenues $1.07B-$1.10B

Author: Benzinga Newsdesk | February 16, 2024 08:37am

2024 Estimated Results

TDS' current estimates of full-year 2024 results for UScellular and TDS Telecom are shown below. Such estimates represent management's view as of February 16, 2024 and should not be assumed to be current as of any future date. TDS undertakes no duty to update such estimates, whether as a result of new information, future events, or otherwise. There can be no assurance that final results will not differ materially from estimated results.


 

 

 

 

UScellular

2024 Estimated

Results


 

Actual Results for

the Year Ended

December 31, 2023

(Dollars in millions)


 

 

 

Service revenues

$2,950-$3,050


 

$3,044

Adjusted OIBDA1, 2

$750-$850


 

$818

Adjusted EBITDA1, 2

$920-$1,020


 

$986

Capital expenditures

$550-$650


 

$611


 

 

 

 

TDS Telecom

2024 Estimated

Results


 

Actual Results for

the Year Ended

December 31, 2023

(Dollars in millions)


 

 

 

Total operating revenues

$1,070-$1,100


 

$1,028

Adjusted OIBDA1

$310-$340


 

$279

Adjusted EBITDA1

$310-$340


 

$285

Capital expenditures

$310-$340


 

$577

Posted In: TDS

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